Executive Financial Report: Ludlow (39098)
Evaluating relocation options in Scott? The financial benchmark for residing in Ludlow, MS (39098) indicates that a single worker needs roughly $2,912 monthly ($34,940.862 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $535 per month—just 18% of baseline expenses—Ludlow offers exceptionally competitive housing costs compared to wider metropolitan averages across Mississippi.
Household earnings in Ludlow generally align with basic living standards. With an area median family income of $51,779, local workers earn roughly 1.48x the baseline living cost ($34,940.862/year). While adequate, maintaining a comfortable safety net requires mindful budgeting.
On the expenditure side, groceries and essential nutrition require approximately $237 per month in Ludlow. Direct tax liabilities consume an estimated $447 monthly (15% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Ludlow (39098) presents a distinct economic profile within Scott. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.